View source for Dissolution of the Soviet Union

[[File:RIAN archive 848095 Signing the Agreement to eliminate the USSR and establish the Commonwealth of Independent States.jpg|right|thumb|Signing of the Belovezh Accords to formally disband the [[Soviet Union]] and establish the [[Commonwealth of Independent States]], 8 December 1991.]]
The '''Dissolution of the Soviet Union''' took place on December 26, 1991. It was the result of a years-long process and had widespread socioeconomic consequences for the former [[Eastern Bloc]] and post-[[Union of Soviet Socialist Republics|Soviet]] states. It is widely seen as a major setback in the [[Communism|communist]] movement due to the historic role the [[Soviet Union]] played since its founding in 1922. 

==Legacy==
===Socioeconomic consequences===
The dissolution of the Soviet Union had severe societal ramifications for the inhabitants of the post-Soviet states. The poverty rate increased massively, from 3% of the population in 1987-1988 to 25% in 1993-1995.<ref>[https://www.statista.com/statistics/1072801/east-bloc-poverty-rate-1987-1995/ "Share of the population in Central and Eastern Europe living below the poverty level in select periods between 1987 and 1995"].</ref> Likewise, the mortality rate and average life expectancy declined significantly as conflict, illness, and famines took hold.

===Socialist nostalgia===
{{Main|Socialist nostalgia}}
After the collapse of the Soviet Union, an event which was undemocratic from its onset, sentiments supportive of socialism and the Soviet Union remained and even gained traction among the peoples of the post-Soviet states. In a poll conducted in 2021, 63% of Russians regretted the dissolution of the Soviet Union, with that percentage increasing notably among older populations.<ref>[https://www.statista.com/statistics/1128057/russia-opinion-on-dissolution-of-the-ussr-by-age/ "Do you regret the dissolution of the USSR?"].</ref> The and popularity and confidence in the capitalist systems in the former Soviet Union is also very low.<ref>[https://www.pewresearch.org/global/2011/12/05/confidence-in-democracy-and-capitalism-wanes-in-former-soviet-union/ "Confidence in Democracy and Capitalism Wanes in Former Soviet Union"].</ref>

==See also==
* [[Anti-communism]]
* [[Restoration of capitalism in the Soviet Union]]

==References==
{{Reflist}}
[[Category:Union of Soviet Socialist Republics]][[Category:Anti-communism]]